14.7.17

Gov.Bello busts N8.4billion payroll fraud at KSU

Professor Muhammed Sani Abdulkadir, VC Kogi State University(KSU)*The money was paid to ghost workers for 7 years
The Kogi State government announced on Friday that it had uncovered
an N8.4 billion fraud at the Kogi State University(KSU), Anyigba.
Mr Kingsley Fanwo, the Director-General, Media and Publicity to
Governor Yahaya Bello, who disclosed this to newsmen in Lokoja, said
that three suspects had been arrested in connection with the fraud.
“The suspects perpetrated the fraud by including names of ghost workers into the payroll of the institution.
“They (suspects) work in the accounts department of the school and
committed the fraud by stealing N100 million per month over a period of
seven years,” Fanwo said in a briefing, shortly after the weekly
executive council meeting.
He said that the fraud was discovered during the just concluded staff screening exercise.
Fanwo said that the suspects had been handed over to the police for investigation and prosecution.
He said that government would soon establish international markets at
Kabba, Ankpa and Adavi to boost the Kogi economy, adding that contracts
for the projects hand been awarded with work expected to commence in
September.
He said that the council also approved the contract for the
construction of the office of the state-owned newspapers, “The Graphic.”
Fanwo said that the council also took a decisive look at the menace
of erosion in some parts of the state and set up a committee to work
with the State Emergency Management Agency to tackle the problem.